Canara Bank spurts 1.91%, up for five straight sessions

Canara Bank rose for a fifth straight session today. The stock is quoting at Rs 125.5, up 1.91% on the day as on 12:39 IST on the NSE. The benchmark NIFTY is down around 0.32% on the day, quoting at 24906.8. The Sensex is at 80694.79, down 0.38%. Canara Bank has added around 6.01% in last one month.

Meanwhile, Nifty Bank index of which Canara Bank is a constituent, has added around 7.83% in last one month and is currently quoting at 58850.65, up 0.63% on the day. The volume in the stock stood at 205.6 lakh shares today, compared to the daily average of 243.15 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 126.21, up 2.53% on the day. Canara Bank is down 11.02% in last one year as compared to a 2.61% fall in NIFTY and a 2.21% fall in the Nifty Bank index.

The PE of the stock is 5.67 based on TTM earnings ending September 26.

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